Glenmark Pharmaceuticals Ltd dropped for a fifth straight session today. The stock is quoting at Rs 1371.95, down 0.32% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 2.16% on the day, quoting at 22882.3. The Sensex is at 75328, up 2.01%.Glenmark Pharmaceuticals Ltd has lost around 3.54% in last one month.Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has increased around 0.27% in last one month and is currently quoting at 19976.3, up 2.51% on the day. The volume in the stock stood at 4.59 lakh shares today, compared to the daily average of 6.56 lakh shares in last one month.
The benchmark April futures contract for the stock is quoting at Rs 1376.9, up 0.02% on the day. Glenmark Pharmaceuticals Ltd jumped 30.44% in last one year as compared to a 1.61% rally in NIFTY and a 9% spurt in the Nifty Pharma index.
The PE of the stock is 16.86 based on TTM earnings ending December 24.